)
Sungrow Power Supply (300274) investor relations material
Sungrow Power Supply Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for the first half of 2026 was ¥30.91 billion, down 28.99% year-over-year; net profit attributable to shareholders was ¥5.26 billion, down 32.01% year-over-year.
Gross margin improved to 35.92%, up 1.56 percentage points, driven by product mix optimization.
Cash flow from operating activities increased 8.75% year-over-year to ¥3.74 billion.
The company maintained a strong focus on R&D and global expansion, launching innovative products in PV inverters, energy storage, and AI data center power supply.
Financial highlights
Operating income: ¥30.91 billion, down 28.99% year-over-year.
Net profit attributable to shareholders: ¥5.26 billion, down 32.01% year-over-year.
Net profit excluding non-recurring items: ¥4.28 billion, down 42.96% year-over-year.
Basic and diluted EPS: ¥2.56, down 31.37% year-over-year.
Total assets at period end: ¥127.09 billion, up 7.09% from year-end 2025.
Outlook and guidance
The company continues to invest in R&D and digital transformation, aiming to strengthen its global competitiveness and drive high-quality growth.
Strategic focus remains on innovation in PV, energy storage, AI data center power, and green hydrogen, with ongoing expansion in domestic and international markets.
- Net profit surged 22% to CNY 13.46 billion on strong global energy storage and PV growth.300274
Q4 2025 - Revenue and net profit declined sharply in Q1 2026, reflecting weaker market demand.300274
Q1 2026 - Record revenue and profit growth driven by global PV and energy storage expansion.300274
H2 2023 - Q3 2025 delivered strong revenue and profit growth, with net profit up 57% year-over-year.300274
Q3 2025 - Net profit jumped 56% YoY to ¥7.73B on 40% revenue growth, with strong storage and overseas gains.300274
Q2 2025 - Q3 revenue up 6.37% year-over-year, but net profit declined 7.96% on rising costs.300274
Q3 2024 - Net profit up 13.89% to ¥4.96B on 8.38% revenue growth, but cash flow declined.300274
H1 2024 - Net profit surged 16.92% to CNY 11.04 billion on robust global growth and margin gains.300274
Q4 2024 - Q1 2025 net profit jumped 82.52% on 50.92% revenue growth, driven by robust sales.300274
Q1 2025
Next Sungrow Power Supply earnings date
Next Sungrow Power Supply earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Explore our global coverage
)
)